Merging accounts in QuickBooks

 

Solved: how to merge accounts - QuickBooks- QuickBooks Support Net


Merging accounts in QuickBooks is an irreversible process, so be certain that this is the process that works best for your needs. You can merge only two accounts at a time, and both accounts have to be the same type of account. In most cases, you can change the account type to match the new account. The accounts you are moving also have to be on the same parent or sublevel. For instance, if one account is a parent and the other account is a subaccount, you won't be able to merge these accounts until you change their positions to match.

Based on your requirements, you can merge two bank accounts in QB to sync them into one. Considering these requirements, you can merge your bank accounts in QuickBooks if the items and expenses of both match each other. Therefore, for completing requirements like these, you should know how to merge bank accounts in QuickBooks. The merger between your bank accounts can be performed in QB with the help of the Chart of Accounts feature. This feature can enable the editing of the bank accounts. Once the merger has been completed, you can start using a single account.

How Can You Merge Two Bank Accounts in QuickBooks?

You may want to merge your accounts in QuickBooks when one of them is unable to work. Tap on Lists from the QB menu. Then opt for the Chart of Accounts tab to merge two bank accounts in QuickBooks. Pick the account that you have to merge. Next, tap on the Account button. Further, choose the Edit Account feature and change the Account Type if needed.

  • Run “QuickBooks”.
  • Select “Lists” from the menu.
  • Tap on the “Chart of Accounts” option.
  • Choose the account that is to be merged.
  • After that, press “Account”.
  • Pick the “Edit Account” button.
  • In case there is a difference in the account type between the two accounts that are going to be merged, changing the “Account Type” is required.

Important: The accounts that were created automatically, the A/R accounts, and the accounts attached with sub-accounts cannot be replaced while merging. 

Note: Make sure that the account type of both the accounts matches. If they do not match, then you may not be able to merge them.

  • The name of your account into which you are merging the other account has to be filled in the search box of “Name”.
  • Hit the “Save & Close” tab.
  • Click on “Yes” for confirmation. 


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